Thursday, May 2, 2013

Viacom turns the corner on its ad slump

(Reuters) - Viacom Inc reported a 6 percent drop in revenue because of a weak slate of movies from its studio Paramount Pictures, but advertising revenue turned positive during the quarter.

The company said for the quarter that ended March 31, revenue was $3.14 billion, slightly lower than analysts' expectations of $3.19 billion, according to Thomson Reuters I/B/E/S.

But its cable network properties, which include MTV and Nickelodeon, were climbing out of a slump as advertising revenue rose 2 percent in the United States.

Viacom has been struggling with a decline in TV ratings, which are the currency for commercials, that has been responsible for lower advertising sales. The more people watch a program, the higher the cost of the ad.

Last quarter, Viacom said ad revenue slipped 6 percent on weakness at Nickelodeon, its network that airs programming aimed at children.

Adjusted for special items, earnings per share were 96 cents, a penny ahead of expectations.

(Reporting by Jennifer Saba in New York; Editing by Gerald E. McCormick and Maureen Bavdek)

Source: http://news.yahoo.com/viacom-reports-lower-revenue-profit-111849309.html

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US-INDUSTRY Summary

DreamWorks results beat estimates on success of "The Croods"

(Reuters) - DreamWorks Animation SKG Inc reported better-than-expected quarterly results, riding on the worldwide success of its animated film, "The Croods", sending its shares up 9 percent in trading after the bell. "The Croods", which tracks a prehistoric family on a road trip and features the voices of Nicholas Cage and Ryan Reynolds, raked in nearly $479 million worldwide, of which about 66 percent was from international markets.

Aereo targets 30 percent of U.S. broadcasters' market: Diller

LOS ANGELES (Reuters) - Barry Diller, the billionaire media mogul who is backing the startup Aereo TV service, said on Monday it expects to reach between 25 and 30 percent of the U.S. television audience with the wireless service that broadcasters say undermines the economics of their business. On April 1 a federal appeals court denied a motion by major media companies to shut down Aereo, which uses large numbers of TV antennas to capture broadcast signals for its subscribers, who do not want to pay cable and satellite operator's higher cable fees.

CBC's English-language chief leaving for Twitter job

TORONTO (Reuters) - The head of the Canadian Broadcasting Corp's English-language service is leaving the public broadcaster to join micro-blogging company Twitter, the CBC said on Monday. Kirstine Stewart, the CBC's executive vice-president of English services, will leave immediately and a recruitment process for her replacement has been launched.

Former AOL's CFO Minson returns to Time Warner Cable

(Reuters) - Arthur Minson, a former senior officer at online media company AOL, has been named the new finance chief of No. 2 U.S. cable provider Time Warner Cable Inc. Minson, who had worked as a deputy chief financial officer at Time Warner Cable from 2007-09, will start his new post May 2, replacing Irene Esteves.

Macmillan to pay $26 million to settle antitrust class action

NEW YORK (Reuters) - Publishing house Macmillan moved on Friday to settle a raft of antitrust suits accusing it of conspiring with other publishers to raise e-book prices, hammering out a $26 million settlement with a group of states and individuals, court filings show. The agreement requires Macmillan to pay not only a $20 million fine, but legal fees and a small award as well to the individual plaintiffs for their participation.

Bertelsmann offers RTL shares at 55.50 euros each

FRANKFURT (Reuters) - German media conglomerate Bertelsmann has set the placement price for part of its stake in RTL Group at 55.50 euros, bringing it gross proceeds of up to 1.42 billion euros ($1.86 billion), RTL said on Monday. Privately-owned Bertelsmann is looking for cash to fund growth as well as an overhaul of its business to catch up with rapidly-changing markets.

Iraq watchdog suspends 10 TV channels for inciting violence

BAGHDAD (Reuters) - Iraq has suspended the licenses of satellite news network Al Jazeera and nine other channels, accusing them of inciting violence through their coverage of recent sectarian clashes. The Communication and Media Commission (CMC) regulator criticized their reporting of violence triggered by a security forces raid on a Sunni Muslim protest camp in Hawija on Tuesday.

Time Warner Cable shifts away from "triple play"

(Reuters) - Time Warner Cable Inc, the second-largest U.S. cable provider, will no longer aggressively push "triple play" packages of Internet, video and voice on its customers, moving away from the long-held industry practice of bundling the services together. Time Warner Cable is the first cable company in the U.S. to acknowledge that customers would prefer to only pay for television and Internet, as demand for landline service has been declining steadily with many people only using cellphones, even at home.

NY Times to roll out new products in search of revenue

(Reuters) - New York Times Co reported a decline in quarterly revenue on weak advertising sales but said it would try to grow out of the slump by expanding its suite of digital products. The 11.2 percent drop in advertising revenue in the first quarter underscores the pressure that the New York Times faces to increase its subscription revenue, especially for its digital products, and find new veins of income.

Hyundai Motor suicide ad draws ire for South Korean company

SEOUL (Reuters) - South Korean automaker Hyundai Motor Co has been forced to apologize for an advertisement that sought to promote the zero carbon emissions of one of its cars by featuring a man failing to commit suicide using a hose attached to the exhaust. The ad debacle is the latest to hit the carmaker, the world's fifth largest by sales when combined with its Kia Motors affiliate, after it exaggerated fuel performance figures in the United States, and announced a large-scale vehicle recall this month.

Source: http://news.yahoo.com/us-industry-summary-082340576.html

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Wednesday, May 1, 2013

Membrane remodeling: Where yoga meets cell biology

Wednesday, May 1, 2013

Cells ingest proteins and engulf bacteria by a gymnastic, shape-shifting process called endocytosis. Researchers at the National Institutes of Health revealed how a key protein, dynamin, drives the action.

Endocytosis lets cells absorb nutrients, import growth factors, prevent infections and accomplish many other vital tasks. Yet, despite decades of research, scientists don't fully understand this membrane remodeling process. New research reveals, on the real-life scale of nanometers, how individual molecules work together during a single act of endocytosis.

"We've discovered new details about a basic process used in all sorts of ways by every cell in the body," said co-author Joshua Zimmerberg, M.D., Ph.D., head of the Program in Physical Biology at the Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD), where the research was conducted. "It's the culmination of a 30-year journey."

The research was led by Vadim Frolov, Ph.D., a former postdoctoral fellow in Dr. Zimmerberg's lab. It appears in a Science paper co-authored by an international team of researchers in the United States, Spain, Russia and India.

In addition to funding Dr. Zimmerberg, NIH also supported the work through a grant from the National Institute of General Medical Sciences (NIGMS) to co-author Sandra Schmid, Ph.D. at the University of Texas Southwestern Medical Center in Dallas. Dr. Schmid is an expert on dynamin.

Scientists have known for years that dynamin plays the major role in endocytosis. After other molecules known as coat proteins pinch the cell's membrane to form an inward-puckering sac, dynamin wraps, python-like, around the neck of the sac and squeezes it tightly. A jolt of energy from a molecule called GTP severs the neck, releasing a free-floating bubble, called a vesicle, inside the cell, and sealing the cell's outer membrane shut. All the while, neither the cell nor the vesicle leak any of their contents.

Drs. Zimmerberg, Schmid and colleagues discovered how the cell overcomes a seemingly insurmountable energy barrier to accomplish this feat. It's not a matter of brute force, as previously suspected, but something much more zen-like?molecular cooperation.

Neck severing starts when dynamin dips slightly into the pliable cell membrane. Lipids (oily molecules) in the membrane move aside, shifting their tails to accommodate the protein. This molecular crowding stresses the membrane, further constricting the neck of the developing vesicle.

Then GTP finishes the job. But not, as you might expect, with a fatal tug of the dynamin noose. Rather the opposite: Like a yoga instructor, GTP encourages the membrane to relax, despite its extreme stress. In the middle of this state of relaxation, the vesicle suddenly pinches off.

In trying to understand this counterintuitive move, the researchers speculate that GTP melts the inside of dynamin a bit, turning the protein into a flexible scaffold that stabilizes the membrane while the lipids rearrange themselves.

"We see no other way to lower the energy barrier to remodeling without having any leaks," states Dr. Frolov, who formulated the idea.

The researchers also found that, without access to GTP, dynamin will keep growing, twisting three or four times around the neck of the sac. When GTP is present (as is the case in living organisms), it only lets dynamin coil once or twice before it snaps off the vesicle.

All of this information helps scientists better understand a process critical to life.

Genetic defects in endocytosis?and the reverse process, exocytosis?are linked to a host of human diseases, including muscular dystrophy, Alzheimer's disease, leukemia and many others. In addition, some parasites and other pathogens can hijack endocytosis, commandeering the process to enter and infect human cells.

Dr. Zimmerberg is bringing his basic research findings to the clinic. He is studying changes in muscle cell membranes in people who have an adult-onset form of muscular dystrophy. In the disease, the membrane around muscle cells weakens and tears. Eventually, cells with damaged membranes die, leaking a number of enzymes into the bloodstream. Dr. Zimmerberg hopes to identify changes in blood chemistry that shed light on the disease process and point to possible new treatments. The study soon will begin recruiting patients as volunteers.

###

NIH/National Institute of General Medical Sciences: http://www.nigms.nih.gov

Thanks to NIH/National Institute of General Medical Sciences for this article.

This press release was posted to serve as a topic for discussion. Please comment below. We try our best to only post press releases that are associated with peer reviewed scientific literature. Critical discussions of the research are appreciated. If you need help finding a link to the original article, please contact us on twitter or via e-mail.

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Source: http://www.labspaces.net/128056/Membrane_remodeling__Where_yoga_meets_cell_biology

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Reaction from parents varies to having morning-after pill accessible to teens (Washington Post)

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NASA extends contract with Russians for ISS crew transportation, doesn't see domestic flights until 2017

NASA has been relying on the Russians to get astronauts to the International Space Station since the shuttle program was retired in 2011, and it looks like it will be doing so for at least a few years longer. The space agency confirmed today that it's been forced to extend its contract for crew transportation services with Rocosmos until June of 2017, a move that comes at a cost of some $424 million. In announcing the news, NASA also reiterated that it is "committed to launching U.S. astronauts aboard domestic spacecraft as soon as possible," and says that it should be able to do so by 2017 provided it receives all of the funding outlined in the Obama administration's 2014 budget. NASA Administrator Charles Bolden further adds that he's "pleased with the progress our commercial crew providers are making," and remains confident that (again, funding-provided) they will be helping it carry astronaute into space "in just a few short years."

[Image credit: NASA/Bill Ingalls]

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France's Hollande to slash capital gains tax to attract business ... - RT

Following protests against France?s President Fran?ois Hollande?s tax policies to increase budget income, his administration has announced plans to cut capital gains tax to attract business investment to the country and restore damaged relations.

The French government has admitted that a big increase in capital gains tax on business was a mistake, denying it had anything to do with the exodus of the rich.?

Hollande's popularity has seen its sharpest since his election last May. He is endeavouring to prove his Socialist government is open to reform and wants to reaffirm France?s attractiveness for business investment.?

Business leaders were left enraged by the 20 billion euro tax increases in the 2013 budget, and demanded lower taxes and labour costs. At the same time France?s eurozone partners are pressing for budget cuts, while households are protesting against austerity.

?The big picture is to give a strong sign that France is a good place to invest and that we are business friendly,? Fleur Pellerin, Minister for Small and Medium Enterprises, Innovation and the Digital Economy is quoted by the Financial Times as saying.?

The new plan to cut the tax introduced at the end of last year is expected to be announced at a meeting with entrepreneurs at the Elys?e Palace on Monday.?

According to the Financial Times, sources close to the negotiations with the government say the new regime will include enhanced rebates applied after just one year, with up to 85 percent exemptions for those investing in a start-up for over eight years, against today?s 40 percent rate.?

The total tax rate for an investor at the top marginal rate exiting a start-up after eight years is due to fall to 24 percent, from more than 40 per cent today.

Hollande is also expected to introduce easier terms of a so-called ??start-up visa? for foreign entrepreneurs and easier access to credit for failed business owners who wish to start over again.

Speaking to reporters from Reuters and Agence France Presse a week before the 1st anniversary of his election the President said he is ?aware how serious the situation is.?

?It?s a president?s duty to stay the course and to look beyond today?s squalls. It?s called perseverance,? Hollande said. ?People can criticise my decisions, think I am on the wrong track or have not taken the right route, but if there is one thing I am sure of it?s that I have taken major decisions for France - many more in 10 months than were taken in 10 years.?

?The way the government has listened to us over the past four months has been positive. They realised they made a mistake,? Jean-David Chamboredon, a leading figure in Les Pigeons groupe of young French web entrepreneurs told Financial Times.

Source: http://rt.com/business/taxes-investment-business-hollande-566/

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Google Now: Personal Assistant Service, App Look to Dethrone Siri

Source: http://www.thehollywoodgossip.com/2013/04/google-now-personal-assistant-service-looks-to-dethrone-siri/

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